Give Russia’s Frozen Assets to Ukraine Now - Lemmy.ca
lemmy.ca
A majority of Americans and a majority of Congress want to help Ukraine win the war against Russia, and to stop the spread of autocracy into Europe. A majority of people in the European Union and a majority of EU leaders want the same. But small minorities of lawmakers—some inspired by Russian President Vladimir Putin or his money, some bent on bargaining for other things—have managed to block or delay that aid. On both sides of the Atlantic, the crunch has arrived. The far-right faction that now controls the Republican Party captured the House last year and has successfully blocked a new spending bill for many months.The prime minister of Hungary, himself a de facto autocrat, is also blocking an EU financial package for Ukraine. Eventually the European prime ministers and the Biden administration alike may well do deals and allocate the money. But in the meantime—and just in case they fail—there is something else that American and European governments can do. Archive [https://archive.is/hVR0m]

Frozen Russian money should be provided to Ukraine as a stop gap at the minimum, it should be provided regardless. While politicians drag their feet, this is an good solution as well as an easy sell to the public. Funding war, someone else’s war can be a tough sell to taxpayers, but this is funding for their survival. Get it done. Now.

  • bluGill@kbin.social
    3·
    11 months ago

    We are waiting because rule of law is important. There is fear that if we do that other countries will stop putting assets elsewhere as the example has been proven that they will be (not just can) be confiscated on a whim. this lack of investment in each other long term harms the world even more. (both sides lose)

    • Ooops@kbin.social
      2·
      11 months ago

      And that’s only one half of it. Democracies where governments are able to easily confiscate money and use it for their own means tend to be gone (alongside the opposition that got all their money confiscated) not long after.